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Bharat Forge inks pact with Boeing for supply of pre-machined forgings

The company aims to generate revenues in excess of $ 100 million per annum from aerospace sector

BS B2B Bureau Bengaluru, Karnataka
Boeing’s 737 MAX 8 airplane

Last Updated : Feb 21 2015 | 12:22 PM IST

Pune-based Bharat Forge Limited (BFL) has signed a multi-year contract with Boeing Commercial Airplane to supply titanium forgings for wing components for the next-generation 737 and 737 MAX.
 
Under the agreement, Bharat Forge will begin supplying pre-machined forgings from its facilities in Pune and Baramati to Boeing in the first quarter of 2016. The titanium parts will be heat-treated, shaped in a forging press, and machined by Bharat Forge before being shipped to Boeing Portland for finish machining into components. The components then will be installed in the next-generation 737 and 737 MAX wings at the final assembly plant in Renton, Washington.
 
Baba Kalyani, chairman & managing director, Bharat Forge, said, “It is our strategic intent to play a significant role in global aerospace supply chain with forged & machined products and assemblies in future. We have created requisite infrastructure and have secured relevant global quality homologations. We are targeting revenues in excess of $ 100 million per annum from this sector. This supply-chain partnership with Boeing is a momentous step forward towards our goal. This also affirms our strong resolve to support the ‘Make in India’ drive” in the defense and aerospace sector.”
 
“We are pleased to welcome Bharat Forge into our supply chain as they have an impressive record of performance across many industries,” added Kent Fisher, vice president and general manager, Supplier Management, Boeing Commercial Airplanes.
 
Pratyush Kumar, president, Boeing India, said, “This contract will help us deliver cost-effective components to one of Boeing’s latest airplanes - the 737 MAX - and is yet another demonstration of our accelerating engagement with Indian suppliers to scale-up aerospace manufacturing aligned with the Prime Minister’s ‘Make in India’.”

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First Published: Feb 19 2015 | 10:20 PM IST

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